The nationals other than of Pakistan and Bangladesh are permitted to carry cash up to Rs 25k but not to Pakistan or Bangladesh. Can he take Indian Currency outside while travelling from India to his country of residence?
If yes then how much?? Notify me of followup comments via e-mail. You can also subscribe without commenting. Related Posts. About The Author. Aman Aman is the founder of Comparism. He loves to write how-to guides and via Comparism, envisions bringing to you the top money-saving tips and best ways of moving money internationally without paying hefty fees in hidden charges and poor conversion rates to banks.
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Performance Performance. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Top Searches Sensex. Paytm IPO. Bank Holidays in November. This story is from September 18, But from now on, they will not be allowed to carry any Indian notes with them.
The balances held in these accounts can be used for any purpose for which foreign exchange can be bought from a bank in India. You can bring into India foreign exchange without any limit. Balances held in such accounts can be used for any purposes for which exchange can be otherwise purchased from authorised dealers in India.
For details of additional facilities available in EEFC account please contact your bank. A resident individual, who is an employee or a director of an Indian office or branch of a foreign company or of a subsidiary of a foreign company or of an Indian company in which the foreign equity holding is not less that 51 per cent, can make remittances for the acquisition of foreign securities under Employees Stock Option ESOP Scheme without any monetary limit.
The scheme is subject to the condition that the shares are offered at the concessional price. The facility will be subject to review in June Resident individuals can invest without any monetary limit in overseas companies listed on a recognised stock exchange which have the shareholding of at least 10 per cent in an Indian company listed on a recognised stock exchange in India as on 1 st January of the year of the investment. All the above facilities are available under general permission, i.
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